Powering Africa for job creation

The Sustainable Development Goal (SDG) 7 commits countries to ensure that people have access to affordable, reliable, and sustainable energy by 2030. Even though Africa is making progress in extending electricity to its population, improvement in access is slow relative to other parts of the world....

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Main Author: Ibrahim, Muazu
Other Authors: Nanyang Business School
Format:
Language:English
Published: 2023
Subjects:
Online Access:https://www.ntu.edu.sg/cas/news-events/news/details/powering-africa-for-job-creation
https://hdl.handle.net/10356/166350
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author Ibrahim, Muazu
author2 Nanyang Business School
author_facet Nanyang Business School
Ibrahim, Muazu
author_sort Ibrahim, Muazu
collection NTU
description The Sustainable Development Goal (SDG) 7 commits countries to ensure that people have access to affordable, reliable, and sustainable energy by 2030. Even though Africa is making progress in extending electricity to its population, improvement in access is slow relative to other parts of the world. Recent World Bank data shows that access to electricity in Africa increased from about 52% in 2018 to 53% in 2019. This suggests that, barely half of people in Africa get electricity. The gap looks even more stark when one looks at sub-Saharan Africa (SSA) independently. Less than half of those who live in SSA have access to electricity relative to over 90% of the population in Asia. Indeed, three out of four people globally with no electricity live in SSA while North Africa has near universal access. Disparity in access is also more pronounced at the locality level where almost 75% of households in urban areas have electricity compared to 25% of rural dwellers. With the population of the continent increasing, Africa faces twin challenges – first, how to achieve universal access to electricity and second, how to meet the energy requirement of the future?
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spelling ntu-10356/1663502023-08-21T06:20:33Z Powering Africa for job creation Ibrahim, Muazu Nanyang Business School NTU-SBF Centre for African Studies Business Business::Finance::Investments Engineering::Mechanical engineering::Alternative, renewable energy sources Africa Investment Sustainable Energy Employment The Sustainable Development Goal (SDG) 7 commits countries to ensure that people have access to affordable, reliable, and sustainable energy by 2030. Even though Africa is making progress in extending electricity to its population, improvement in access is slow relative to other parts of the world. Recent World Bank data shows that access to electricity in Africa increased from about 52% in 2018 to 53% in 2019. This suggests that, barely half of people in Africa get electricity. The gap looks even more stark when one looks at sub-Saharan Africa (SSA) independently. Less than half of those who live in SSA have access to electricity relative to over 90% of the population in Asia. Indeed, three out of four people globally with no electricity live in SSA while North Africa has near universal access. Disparity in access is also more pronounced at the locality level where almost 75% of households in urban areas have electricity compared to 25% of rural dwellers. With the population of the continent increasing, Africa faces twin challenges – first, how to achieve universal access to electricity and second, how to meet the energy requirement of the future? Published version 2023-04-24T05:59:41Z 2023-04-24T05:59:41Z 2022 Newsletter Ibrahim, M. (2022). Powering Africa for job creation. NTU-SBF CAS Insights. https://www.ntu.edu.sg/cas/news-events/news/details/powering-africa-for-job-creation https://hdl.handle.net/10356/166350 en NTU-SBF CAS Insights © 2022 NTU-SBF Centre for African Studies. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0). application/pdf
spellingShingle Business
Business::Finance::Investments
Engineering::Mechanical engineering::Alternative, renewable energy sources
Africa
Investment
Sustainable Energy
Employment
Ibrahim, Muazu
Powering Africa for job creation
title Powering Africa for job creation
title_full Powering Africa for job creation
title_fullStr Powering Africa for job creation
title_full_unstemmed Powering Africa for job creation
title_short Powering Africa for job creation
title_sort powering africa for job creation
topic Business
Business::Finance::Investments
Engineering::Mechanical engineering::Alternative, renewable energy sources
Africa
Investment
Sustainable Energy
Employment
url https://www.ntu.edu.sg/cas/news-events/news/details/powering-africa-for-job-creation
https://hdl.handle.net/10356/166350
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